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What is the Payback Time? Feels like it is less than 1 year whereas for gold it was 5 years?
I shouldn't comment, but it's not a good offer considering the book value of ITUP. As always, it depends on your point of view. And not nearly as bad as the $0.20 offer that HERB made for some of the shares for what could be $20 in hidden (undisclosed) fair value per share, 100x more. And these IDIOTS actually believed they were doing a good thing for the shareholders by offering a price 3x what it was trading for in the market.
I have seen it all..... Laxmi. There was this Chinese CEO and controlling shareholder once who offered to repurchase shares for a fraction of book value and a fraction of fair value. If the shareholders didn't accept, he would delist the company and it would basically be worthless. So this guy was profiting from and exploiting the fact that he was a failure. That happens too in the China space.
The post that Karla replied to. So he should have known.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174805892
Wrong again. Karla is mistaken because Laxmi did mentioned the $0.125 per token
The number of verticals doesn't matter.
It was supposed to be $0.0833 from 3 verticals
Now it is $0.125 from 2 verticals.
The total is still $0.25
The people who have more rice and gold tokens than the other tokens will benefit.
I know it would be tough to pay 2 (or even 3) dividends from that. Because I know how many tokens are outstanding. It's just that a large group wanted stock and not cash. And I suppose that has changed. Well, I do think everyone should take the cash. But you should have seen this coming, beforehand.
Anyway, it is what it is. I already informed my "group".
Let's make the $0.10 per month happen, at least. And no more surprises.
I know all that, Laxmi. I wasn't born yesterday. It's just so predictable and typical. And it's bad.
Leave some cheap shares for me, Snow.
Get back to work, Laxmi. I suppose we should all be glad that you only have 30 posts every day. GEEZ.
Pffffff.... You are not doing yourself any favors if you think that buying vertical shares for $0.01 is dangerous. It is laughable.
Actually I am on record in the past, saying that $0.01 is practically a gift. Because that is exactly what it is. And many purchased them and are plucking the fruits already today
Yes, there is stll hope for ITUP shareholders.
As I said before, you are entitled to vertical shares 1 for every 1 ITUP share you own for $0.01. While you cannot invest in the first 5 verticals (because they have already been issued) you can still invest in the new verticals (yet to be issued) below. So keep an eye on this. $0.01 is practically for nothing.
- Real Estate (My SQFT)
- Mining and Minerals
- Alternate Energy
- Shipping and Transportation
- Carbon Credits
Sports / Arts / Entertainment.
Real estate should be first, and soon.
Also, Laxmi plans to list the ITUP shares on NYSE end of 2025 for $108/share. But that requires some patience. In the mean time, ITUP is investing between a 10% and 20% stake directly in the vertical companies which will increase profits for the ITUP shareholders.
My personal advice would be, buy into every vertical share you can get your hands on, if the price is only $0.01.
That's not going to happen.
Message boards shouldn't have anyone from the company interfering with daily discussions. It is not a situation that you would want and it almost always ends in tears. There are many risks. Disclosing too much. Management steering the perception etc. that regulators are not happy with. Especially this company. Especially Mycow.
It's a different matter when we want to give updates, or answer questions and provide clarity. But Laxmi is doing a whole lot more than that. And his time is too precious.
That is probably how it will play out. I will act in a supporting role to a number of people as well as the projects in Nigeria. Even yesterday I was helping Mike get the hemp project started in California. Simply by giving some valuable tips. And it didn't cost me more than 10 minutes of my time.
Not much will change for me going forward. Except that they won't have to pay me, and I am officially retired as of september 1.
Apparently the amount is pending in the BoA account with availability date given as 7/29/2024
For the $2.59M I assume.
Perhaps we are finally getting there.
Let's see if he wants to fire me again tomorrow, for making these comments. Or perhaps he wants to extend my contract again. You can never tell !
Outrageous, once again. And.... he is still not listening.
I'm not even going to respond to that 😀
Don't assume that you know better than Laxmi. The only person who can beat him from time time, and does frequently, is moi 😀
Laxmi has reached his 30-post limit again but he says we will do hemp now that the elections are over in India.
I will let you know if we get important news on financing today.
But it's free money if you can buy tokens for $0.01
It will cost you roughly $8.90 if you want to invest in gold. Perhaps you should focus on the remaining verticals that you can still buy for $0.01 per token. 1 token for every ITUP share you own
- Real Estate (My SQFT)
- Mining and Minerals
- Alternate Energy
- Shipping and Transportation
- Carbon Credits
Sports / Arts / Entertainment.
Well, gold at $8.90 could still be a good buy 😉
My hemp post Laxmi. The world is crying and asking for your help.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174794500
Nor do I care. As long as they are licensed in CA it is fine with me.
Yes, but it hasn't been revoked,
It's still regulated IMO.
https://www.sec.gov/edgar/browse/?CIK=1991657
But he didn't do anything wrong Laxmi. All that Verstee did was state the fact that it was terminated and that we should read up. Nothing more.
Get a grip on yourself. There is no negativism here. The document clearly states "SEC / terminated". So go blame them if it is not clear.
You are jumping to conclusions. He was referring to Cow Capital. NOT Interups. Are you even aware that registration was terminated?
Busy day for you, Laxmi.
Take a look. Higher temperatures are setting forests on fire, making our problems even worse. Perhaps we really should consider growing hemp (like crazy). At least we will make a positive contribution. Ask Jon Paul... We could do this in Canada where land is cheap, if it is not too hot there already.
I don't know, man. It is something that Dennis warned me about in the past, that I looked into, and that I warned the company about at the time. That something like this will happen if they don't make a sale (within 12 months).
They replied by saying they will definitely make a sale. lol. I later tried to look up the rules but couldn't find them on the internet.
Perhaps they are aware now. I don't know.
Anyway, perhaps not a big deal? As we are selling tokens in Europe for now (?). Not sure. Something Laxmi should look into.